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Betting, Gaming and Lotteries Act 1963

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This is the original version (as it was originally enacted).

21(1)Every registered pool promoter shall, not more than twenty-one days after the events to which any of his competitions relate have taken place, send to every competitor in that competition a statement of the percentage (calculated to the nearest one-tenth of one per cent.) which the first of the amounts hereinafter mentioned bears to the second of those amounts, that is to say—

(a)the aggregate total stakes in that competition and all other competitions of that promoter which depend on those events or on other events taking place on the same day, after deducting the aggregate prizes in, and the aggregate pool betting duty payable in respect of, all those competitions;

(b)the said aggregate total stakes, without any such deduction,

unless he has secured all such publicity as is reasonably necessary for the said statement by means of a newspaper announcement or newspaper announcements published within the said twenty-one days.

(2)The statement aforesaid may take the following form, that is to say—

" Commission and expenses _____ per cent" with the addition (if in the context this is necessary) of words identifying the competition or competitions to which the statement relates.

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